Overview:
Failure to comply with the new rules can have devastating financial consequences and can result in back pay for overtime not paid, the IRS penalizing you for back income taxes, FICA and states going after you for unpaid income taxes, workers compensation premiums and unemployment payments.
US Department of Labor recovers $532K in back wages after employer misclassifies them as contractors.A federal court in Virginia has entered a judgment ordering a Norfolk-based medical staffing agency, which intentionally violated federal laws by classifying their workers as independent contractors and denied employees their rightfully earned overtime wages, to pay more than $7.2 million in back wages and liquidated damages.As you can see, violating the law regarding independent contractors can be very expensive.Complying with the new rules is just a smart business practice.Why you should Attend:After going through this webinar, participants will know:- The new rules the Department of Labor will use to determine employee vs independent contractors
- The new guidelines the safest way to use independent contractors
- What to include in independent contractor agreements
Who Will Benefit:- Human Resources Professionals
- Business Owners
- Supervisors
- Managers